6th Aug 2021 11:09
(Alliance News) - Microlise Group PLC on Friday said is has secured a five-year contract renewal with JC Bamford Excavators Ltd, a manufacturer of construction equipment, which will cover recurring SaaS software licences and hardware sales until June 2026.
Nottingham, England-based Microlise is a provider of transport management software to fleet operators. SaaS refers to software-as-a-service.
"Having recently listed on the AIM market, we are very excited about the future potential of the company and look forward to updating new and potential investors with further contract wins of this kind," said Chief Executive Nadeem Raza.
Shares in Microlise were up 1.6% to 153.36 pence each in London on Friday morning.
By Amrit Sahota; [email protected]
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